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Published on 11/11/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $769,000 capped buffered notes linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Nov. 11 – JPMorgan Chase & Co. priced $769,000 of 0% capped buffered return enhanced notes due May 5, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 2.5 times the index return, subject to a maximum return of 19.15%. Investors will receive par if the index declines by 5% or less and will lose 1% for every 1% that the index declines beyond 5%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying index:Russell 2000
Amount:$769,000
Maturity:May 5, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.5 times any index gain, capped at 19.15%; par if index declines by 5% or less; 1% loss for every 1% that index declines beyond 5%
Initial index level:1,186.091
Pricing date:Nov. 2
Settlement date:Nov. 5
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48128GBD1

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